Reliance Consumer Products acquires Udhaiyam brand
pre-market1 source ↓written by the desknot a recommendation
Reliance Consumer Products Limited has acquired a majority stake in Udhaiyams Agro Foods, enhancing its FMCG portfolio with this heritage nutrition brand. This acquisition aligns with RCPL's strategy to promote India's legacy brands and aims to deliver global quality at affordable prices to consumers nationwide.
The deal strengthens RCPL's position in the branded staples market, potentially impacting competition in the sector.
Not investment advice. For informational purposes only.